AP Photo
November 16, 2009
"The Great Wallop"
Op-Ed, New York Times
By Niall Ferguson, Member of the Board, Belfer Center for Science and International Affairs and Moritz Schularick
"A few years ago we came up with the term "Chimerica" to describe the combination of the Chinese and American economies, which together had become the key driver of the global economy," says Niall Ferguson member of the Belfer Center's board of directors. "Correcting the economic imbalance between the United States and China - the dissolution of Chimerica - is now indispensable if equilibrium is to be restored to the world economy."
